Tag: Formosa

Vietnam’s steel major, Formosa Ha Tinh (FHS), today reduced its hot-rolled coil (HRC) prices by $17/t m-o-m for December 2022 and early-January 2023 sales. Post-revision, FHS’s offer price for HRC (SAE1006, skinpassed) stands at $593/t (VND 14,320,000/t) CIF Ho Chi Minh City (HCMC) compared with the level of  $610/t (VND 14,470,000/t) CIF announced for November…